RBN Energy Blogcast

Amber Energy has been declared the winner of the CITGO refineries and intends to keep the CITGO brand and operate it with new leadership focused on cost-cutting and operational improvements. 

U.S. E&Ps have battled mightily to mitigate the impact on earnings and cash flows caused by the steady erosion in commodity prices, but concerning trends could impact future earnings.

Targa Resources’ plan to acquire sour-gas specialist Stakeholder Midstream will give the midstream giant an even stronger foothold in the Northern Delaware Basin, where much of the associated gas has high levels of H2S and CO2.

Phillips 66’s Sweeny Complex includes refining, midstream and petrochemical units and illustrates how a well-designed, integrated facility can deliver operating and financial efficiencies. 

For months, the Trump administration and industry groups have been asserting that EU regulations on methane emissions could result in a sharp decline in — or even an end to — U.S. LNG flows to the EU.